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AudioEye & CU Solutions Group Launch Premier Partnership

CU Solutions Group Will Serve as Key Representation Partner for AudioEye in the Credit Union Industry, Managing Education, Introduction & Sales Requests

AudioEye, Inc. Logo (PRNewsFoto/AudioEye, Inc.)

News provided by

AudioEye, Inc.

Jul 19, 2018, 06:00 ET

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TUCSON, Ariz., July 19, 2018 /PRNewswire/ -- AudioEye, Inc. (OTCQB: AEYE) ("AudioEye" or the "Company"), the leader in cloud-based software-as-a-service (SaaS) digital content accessibility solutions and the only web accessibility company leading with technology for sustainable compliance with ADA-related requirements and enhanced user experience, today announced it is expanding its partnership with CU Solutions Group (CUSG), a leading credit union service organization serving more than 3,000 credit union clients through technology, marketing and performance services.

"Given the urgent need across the financial industry for compliance with ADA-related requirements, our team evaluated key web accessibility companies to identify and vet the best solution for our clients. We found that only AudioEye provides a comprehensive solution that is both immediate and sustainable. So, AudioEye became our go-to accessibility solution in third quarter 2017," said CUSG President & CEO, Dave Adams. Mr. Adams added, "Since launching, we have onboarded 64 of our clients. More importantly, the AudioEye team has, first and foremost, helped educate our team and clients on the size of the population impeded by the lack of web accessibility. We are proud to be representing AudioEye in the credit union industry."

Through the premier partnership, CU Solutions Group will assume direct representation of AudioEye in the credit union industry. "In essence, CUSG will serve as the sales and marketing arm of AudioEye for credit unions," explained AudioEye CEO Todd Bankofier. "We have existing relationships with content management platforms, and those will not be impacted by this partnership, they will continue to work as they have, with the ability to provide the Ally Managed Service to the range of their clientele."

"The most positive impact will be to our service," Mr. Bankofier continued. "Given the penetration of CUSG into the credit union industry, it makes the most financial sense on all fronts, for CUSG to leverage their market standing to represent AudioEye in the credit union industry. The cost of engagement will naturally be more competitive as a result of our ability to focus on implementing our solutions, rather than in sales and marketing to credit unions."

The AudioEye Ally Managed Service, which combines patented technology, subject matter expertise and proprietary process for an end-to-end solution and speed-to-compliance with ADA-related requirements, leverages the Digital Accessibility Platform, or DAP. DAP automatically detects certain violations of Web Content Accessibility Guidelines (WCAG) 2.1 Level AA Success Criteria, allowing all issues and risks to be tracked and audited. Through its proprietary dynamic remediation technology, AudioEye improves accessibility on existing websites without alteration to form or function. Working in the background, conducting automated and manual testing, AudioEye continually monitors sites for sustainable compliance.

In addition to dynamic remediation, both automated and manual testing, and monitoring, the Ally Managed Service provides customers the AudioEye Trusted Certification, which is displayed publicly, validating the status of their ongoing commitment to accessibility and the status of their site's accessibility. The service also includes a dedicated Help Desk which allows end-users to report any accessibility issues encountered, directly to AudioEye. To enhance the end-user experience for all site visitors, the Ally Toolbar is embedded in participating client sites.

The Ally Toolbar, a proprietary assistive tool allows end-users to personalize and enhance their experience. "The Ally Toolbar has considerations including dyslexic fonts, adjustments to color contrast, font size and navigation, keyboard controls, a player that will read visitors content and the ability to use voice commands to navigate; the toolbar serves individuals who face barriers from low vision to paraplegia," said Mr. Bankofier.

"We are proud to be working with a like-minded organization. This partnership with CUSG will allow us to achieve greater efficiencies that will ripple throughout our company, to the range of our clients and partners," said Mr. Bankofier.

About AudioEye, Inc.
AudioEye is a technology company serving businesses committed to providing equal access to their digital content. Through patented technology, subject matter expertise and proprietary processes, AudioEye is transforming how the world experiences digital content.

Leading with technology, AudioEye identifies and resolves issues of accessibility and enhances the user experience, making digital content more accessible and more usable for more people.

AudioEye's common stock trades on the OTCQB under the symbol "AEYE."  The Company maintains offices in Tucson, Atlanta and Washington D.C. For more information about AudioEye and its online accessibility solutions, please visit https://www.audioeye.com.

About CU Solutions Group
CU Solutions Group is an award-winning credit union service organization that offers products and services in the areas of technology, marketing and HR performance which include web services, mobile app solutions, digital advertising, Save To Win, Love My Credit Union Rewards, Performance Pro and Compease. The company is majority-owned by the Michigan Credit Union League and has more than 100 investors comprised of credit unions, credit union leagues and credit union system organizations. Headquartered in Livonia, MI, the organization has served more than 3,400 clients nationwide and has strategic partnerships with Sprint, Intuit TurboTax®, Gas Station TV and CU Vendor Management. For more information, visit CUSolutionsGroup.com.

Forward-Looking Statements

Any statements in this press release about AudioEye's expectations, beliefs, plans, objectives, prospects, financial condition, assumptions or future events or performance are not historical facts and are "forward-looking statements" as that term is defined under the federal securities laws. These statements are often, but not always, made through the use of words or phrases such as "believe", "anticipate", "should", "intend", "plan", "will", "expects", "estimates", "projects", "positioned", "strategy", "outlook" and similar words. You should read the statements that contain these types of words carefully. Such forward-looking statements are subject to a number of risks, uncertainties and other factors that could cause actual results to differ materially from what is expressed or implied in such forward-looking statements, including the risk that the Company's bookings will not increase as currently expected or at all. There may be events in the future that AudioEye is not able to predict accurately or over which AudioEye has no control. Other risks are described more fully in AudioEye's filings with the Securities and Exchange Commission. Forward-looking statements reflect management's analysis as of the date of this press release and AudioEye urges you not to place undue reliance on these forward-looking statements. AudioEye does not undertake any obligation to release publicly any revisions to such forward-looking statements to reflect events or uncertainties after the date hereof or to reflect the occurrence of unanticipated events.

For further information, please contact:

Todd Bankofier, CEO
AudioEye, Inc.
Email: [email protected] 
Phone: (520) 308-6140

Matt Kreps, Darrow Associates Investor Relations 
Email: [email protected] 
Phone: (214) 597-8200

Nick Olexa, VP, Corporate Marketing
CU Solutions Group
Email: [email protected] 
Phone: (734) 793-6359

SOURCE AudioEye, Inc.

Related Links

http://www.audioeye.com

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